Sold
Last Sold Price
6 beds2,168 sqft
502-520 Lopez Ln, Decatur, IN 46733
Multi FamilyProperty Type
1.62 acresLot Size
2003Year Built
$63/sq ftPrice per sq ft

Description

Two duplexes, each building contains two three bedroom apartments with 1 car attached garage -- 4 units total. Each unit has 1084 sq. ft. of living area, plus a 12 x 20 attached garage. Two units are occupied now. Owner will split the duplexes for $69,900.00 each. This would make it perfect to live in half, and rent the other side.Two duplexes, each building contains two three bedroom apartments with 1 car attached garage -- 4 units total. Each unit has 1084 sq. ft. of living area, plus a 12 x 20 attached garage. Two units are occupied now. Owner will split the duplexes for $69,900.00 each. This would make it perfect to live in half, and rent the other side.
  • Listed by: Steven Kreigh • Ideal REALTORS
Listing closed: 07/29/2011 12:00 AM • Source: Indiana Regional MLS, MLS#: 201104966

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Recent comparable sales

Median sold price

$285,000

Avg days on market

56

Sale-to-list ratio

91.8%

Decatur, IN

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Location

Listing Courtesy of Ideal REALTORS

Sold By Harvey and Associates Realty LLC

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Property Information for 502-520 Lopez Lane

Property Details
  • Taxes: $6,910 / year
  • MLS Type: Multi Family / Fourplex
  • County: Adams County
  • Subdivision: None
  • Pet Restrictions: No
Building Information
  • Stories: 1
  • Residences: 4
  • Year Built: 2003
  • Lot Size: 1.62 AC / 70,567 SF
Summary
Location and General Information
  • Area: Adams County
  • City: Decatur
  • Zip Code: 46733
  • State: IN
  • Township: Washington
  • Section Number: n/a
  • Fips Code: 18001
  • Directions To Property: Hwy 27 south to Elm St., east to Line St., back north 1 blk. to east on Lopez Lane units on right side of St
  • Location: City/Town/Suburb
Taxes and HOA
  • Association Dues $: $.00
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 10/11
  • Parcel Number Id: 010503405008000022
School Information
  • School District: North Adams Community
  • Elementary: Southeast
  • Middle School: Bellmont
  • High School: Bellmont
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Fourplex
  • Approx Lot Size Acres: 1.62
  • Lot Dimensions: 326 x 200
  • Lot Number: 707
  • Below Grade Unfin Sqft: 0.0
  • Total Square Feet: 2168.0
  • Approx Lot Size Sqft: 70567.0
  • Above Grade Finished Sqft: 2168.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 0.0
  • Total Finished Sqft: 2168.0
  • Lot Description: Level
  • Outbuilding Length: 0.0
  • Outbuilding Width: 0.0
Property and Assessments
  • New Construction: No
  • Year Built: 2003
  • Age: 8
Utilities
  • Sewer: City
  • Water Utility: City
  • Water Type: None
Interior and Exterior Features
Exterior Features
  • Amenities: Off Street Parking, Near Walking Trail, Patio Open, Water Heater Gas
  • Exterior: Vinyl
  • Outbuilding: None
  • Platted: Yes
  • Pool Type: None
  • Pool: No
Interior Features
  • Number of Electric Meters: 0
  • Number of Gas Meters: 0
  • Number of Dishwashers: 4
  • Number of Disposals: 4
  • Number of Dryers: 0
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 4
  • Number of Refrigerators: 4
  • Number of W/D Hookups: 4
  • Number of Washers: 0
  • Number Water Meters: 0
  • Basement/Foundation: Slab
  • Cooling: Central Air
  • Flooring: Carpet, Ceramic Tile
  • Heating/Fuel: Gas, Forced Air
  • Stories: 1
  • Total Number of Full Baths: 4
  • Total Number of Half Baths: 0
  • Total Baths: 4
  • Num Of 1 Bedrooms: 0
  • Num Of 2 Bedrooms: 0
  • Num Of 3 Bedrooms: 4
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 2
  • Number of Units: 4
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $27,800
  • Annual Insurance Expense: $1,000
  • Annual Maint. Expense: $2,000
  • Annual Misc: $2,760
  • Annual Net Income: $13,930
  • Annual Property Tax: $6,910
  • Annual Trash Expense: $1,200
  • Annual Water/Sewer Exp: $0
Unit Information
Unit 1
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 3
  • Unit 1-Num of Rooms: 5
  • Unit 1-Basement: No
  • Unit 1-Currently Rented: Yes
  • Unit 1-Deposit Amount: $.00
  • Unit 1-Garage: Yes
  • Unit 1-Level: Main
  • Unit 1-Rent Frequency: Monthly
  • Unit 1-Unit Number: 0
  • Unit 1-Unit Rent $: $475
Unit 2
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 3
  • Unit 2-Num of Rooms: 5
  • Unit 2-Basement: No
  • Unit 2-Currently Rented: Yes
  • Unit 2-Deposit Amount: $.00
  • Unit 2-Garage: Yes
  • Unit 2-Level: Main
  • Unit 2-Rent Frequency: Monthly
  • Unit 2-Unit Number: 0
  • Unit 2-Unit Rent $: $475
Unit 3
  • Unit 3-Num of Bathrooms: 0
  • Unit 3-Num of Bedrooms: 0
  • Unit 3-Num of Rooms: 0
  • Unit 3-Deposit Amount: $.00
  • Unit 3-Unit Number: 0
  • Unit 3-Unit Rent $: $0
Unit 4
  • Unit 4-Num of Bathrooms: 0
  • Unit 4-Num of Bedrooms: 0
  • Unit 4-Num of Rooms: 0
  • Unit 4-Deposit Amount: $.00
  • Unit 4-Unit Number: 0
  • Unit 4-Unit Rent $: $0
Unit 5
  • Unit 5-Num of Bathrooms: 0
  • Unit 5-Num of Bedrooms: 0
  • Unit 5-Num of Rooms: 0
  • Unit 5-Deposit Amount: $.00
  • Unit 5-Unit Number: 0
  • Unit 5-Unit Rent $: $0
Unit 6
  • Unit 6 SqFt: N
Rental
Rental Information
  • Lease Term: None
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Parking, Snow Removal, Tax, Trash Collection
  • Tenant Pays: Cable, Cooling, Electric, Fuel, Heating, Sewer, Water

Property History for 502-520 Lopez Lane

DateEvent & SourcePriceAppreciation
Jul 29, 2011

Sold

Indiana Regional MLS #201104966

$136,200
Jul 11, 2011

Pending

Indiana Regional MLS #201104966

May 11, 2011

Expired

Indiana Regional MLS #201005998

DateEvent & SourcePrice
07/29/2011

Sold

Indiana Regional MLS #201104966

$136,200
07/11/2011

Pending

Indiana Regional MLS #201104966

05/11/2011

Expired

Indiana Regional MLS #201005998

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 502-520 Lopez Lane

This home is within North Adams Community Schools.
Rating
School
Type
Grades
Distance
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Private - PK to 8
Rating
School
Distance
Bellmont Middle School
Public6 to 8

Bellmont Senior High School
Public9 to 12

Zion Lutheran School
PrivatePK to 8

St Joseph School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 502-520 Lopez Lane, Decatur, IN 46733
$136,200
6
2,168
70,567
2
1.5
1,046
16,640
2
1.5
1,084
23,174
2,626
5,227
3
1
1,053
9,042
3
1
864
9,042

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ideal REALTORS

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.